Guernsey Fund Encyclopaedia 2007/8
|
|
|
|
Lipper Fitzrovia's thirteenth annual "Guernsey Fund Encyclopaedia" reveals key data on funds and on the market shares of fund administration and custody service providers.
INTRODUCTION
The research shows that Guernsey's fund servicing industry has grown by 45 percent to reach US$ 275.4 billion in net assets (£137.1 billion) over the year to June 30, 2007.
For fund administration services of both domiciled and non-domiciled funds, Northern Trust is the largest administrator by total net assets (US$ 56.8 billion). Northern Trust also has the largest proportion of assets under custody (US$ 26.3 billion).
Among professional firms, KPMG is the largest auditor of Guernsey serviced funds, auditing 435 funds, just ahead of PricewaterhouseCoopers (430 funds). For legal advisers, Carey Olsen now offers legal advice to 794 funds, with Ozannes following in second place with 546 funds.
RESULTS
Custodians and fund administrators with the greatest market share by fund assets serviced in Guernsey as at June 30, 2007 are shown in the tables below.
Custodians
RANKING BY FUND ASSETS
|
|
2008
|
|
|
|
|
US$ billion
|
|
1
|
|
|
|
|
Northern Trust |
 |
 |
|
|
26.4
|
|
2
|
|
|
|
|
RBC Dexia Investor Services |
|
|
|
|
20.0
|
|
3
|
|
|
|
|
Intl Private Equity Services |
|
|
|
|
18.9
|
|
4
|
|
|
|
|
15.3
|
|
5
|
|
|
|
|
13.8
|
|
|
Fund Administrators
RANKING BY FUND ASSETS
|
|
2008
|
|
|
|
|
US$ billion
|
|
1
|
|
|
|
|
56.8
|
|
2
|
|
|
|
|
27.6
|
|
3
|
|
|
|
|
HSBC Securities Services |
|
|
|
|
22.2
|
|
4
|
|
|
|
|
RBC Dexia Investor Services |
|
|
|
|
22.0
|
|
5
|
|
|
|
|
21.5
|
|
|
|
|
|
|
|
|
United States
subscription choices
my profile
